Systematic Financial Management LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Systematic Financial Management LP reported 245 stock positions worth $3.7 billion. Its top holding was Emcor (EME) at 2.2% of the portfolio, followed by Mueller Industries (MLI, 2.0%) and Magnolia Oil & Gas Class A (MGY, 1.8%). Compared with Q1 2025, it opened 4 new positions, sold out of 4, added to 125 and reduced 59. The biggest buy was Atlantic Union Bankshares (AUB, shares +189%) and the biggest sale an exit from Sandy Spring Bancorp (SASR).
- Most Recent 13F
- Q2 2026
- Location
- TEANECK, NJ
- CIK
- 0001085936
- Portfolio Value
- $3.7B (Q2 2025)
- SEC Filing
- 0001085936-25-000028 ↗ filed Aug 13, 2025
Holdings Value
Holdings 245 stocks · $3.7B
| EME Emcor Group Inc. | 2.21% | 155,157 | $83.0M | Reduce -0.2% |
| MLI Mueller Industries Inc. | 2.01% | 947,349 | $75.3M | Reduce -1.0% |
| MGY Magnolia Oil & Gas Corp. Class A | 1.81% | 3,013,800 | $67.8M | Add +0.8% |
| OSIS Osi Systems Inc. | 1.58% | 262,654 | $59.1M | Reduce -0.5% |
| NWE Northwestern Energy Group Inc. | 1.57% | 1,145,309 | $58.8M | Add +2.7% |
| WBS Webster Financial Corp. | 1.48% | 1,013,933 | $55.4M | Add +0.8% |
| EHC Encompass Health Corp. | 1.47% | 448,393 | $55.0M | Reduce -2.8% |
| PIPR Piper Sandler Cos | 1.44% | 194,799 | $54.1M | Add +0.3% |
| URBN Urban Outfitters Inc. | 1.44% | 744,809 | $54.0M | Reduce -0.6% |
| LRN Stride Inc. | 1.41% | 364,850 | $53.0M | Reduce -2.2% |
| GVA Granite Construction Inc. | 1.41% | 566,015 | $52.9M | Add +0.5% |
| FCNCA First Citizens Bcshs Class A | 1.36% | 26,120 | $51.1M | Reduce -0.4% |
| CW Curtiss-Wright Corp. | 1.35% | 103,433 | $50.5M | Reduce -20.0% |
| FIX Comfort Systems USA Inc. | 1.31% | 91,890 | $49.3M | Reduce -2.4% |
| AUB Atlantic Union Bankshares Co. | 1.31% | 1,572,663 | $49.2M | Add +189.1% |
| EXEL Exelixis Inc. | 1.31% | 1,115,619 | $49.2M | Reduce -1.6% |
| WAFD Wafd Inc. | 1.20% | 1,541,973 | $45.1M | Add +0.7% |
| SIMO Silicon Motion Technol-ADR | 1.20% | 597,472 | $44.9M | Add +0.7% |
| LYTS Lsi Industries Inc. | 1.18% | 2,592,372 | $44.1M | Add +1.0% |
| SF Stifel Financial Corp. | 1.16% | 418,682 | $43.5M | Add +1.3% |
| SBRA Sabra Health Care REIT Inc. | 1.14% | 2,325,341 | $42.9M | Reduce -2.1% |
| JAZZ Jazz Pharmaceuticals PLC | 1.14% | 403,510 | $42.8M | Add +4.3% |
| INVA Innoviva Inc. | 1.10% | 2,059,175 | $41.4M | Reduce -0.6% |
| PRGS Progress Software Corp. | 1.10% | 644,025 | $41.1M | Add +0.1% |
| EG Everest Group Ltd. | 1.06% | 117,319 | $39.9M | Add +1.0% |
| TRST Trustco Bank Corp. NY | 1.05% | 1,174,628 | $39.3M | Add +1.6% |
| MSGE Madison Square Garden Entert | 0.99% | 924,056 | $36.9M | Add +0.1% |
| UMBF Umb Financial Corp. | 0.97% | 347,009 | $36.5M | Add +3.5% |
| PRGO Perrigo Co. PLC | 0.94% | 1,325,226 | $35.4M | Add +1.1% |
| KBR KBR Inc. | 0.93% | 730,777 | $35.0M | Reduce -4.2% |
| ORI Old Republic Intl Corp. | 0.93% | 910,572 | $35.0M | Add +0.8% |
| PFS Provident Financial Services | 0.93% | 1,978,498 | $34.7M | Add +0.6% |
| REX Rex American Resources Corp. | 0.91% | 698,532 | $34.0M | Reduce -2.7% |
| TSEM Tower Semiconductor Ltd. | 0.90% | 780,183 | $33.8M | Add +0.6% |
| TPR Tapestry Inc. | 0.89% | 379,791 | $33.3M | Add +0.3% |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 0.88% | 1,228,999 | $33.1M | Add +2.3% |
| ADEA Adeia Inc. | 0.87% | 2,293,737 | $32.4M | Add +1.4% |
| OC Owens Corning | 0.81% | 219,690 | $30.2M | Add +1.5% |
| ANF Abercrombie & Fitch Co. Class A | 0.79% | 358,528 | $29.7M | Add +17.0% |
| FRME First Merchants Corp. | 0.78% | 760,551 | $29.1M | Add +2.0% |
| EBC Eastern Bankshares Inc. | 0.77% | 1,891,060 | $28.9M | Add +2.5% |
| SIGI Selective Insurance Group | 0.77% | 330,959 | $28.7M | Add +1.0% |
| MSGS Madison Square Garden Sports | 0.76% | 136,688 | $28.6M | Add +8.2% |
| WSM Williams-Sonoma Inc. | 0.75% | 172,292 | $28.1M | Add +0.6% |
| CMC Commercial Metals Co. | 0.74% | 567,666 | $27.8M | Reduce -0.2% |
| COLB Columbia Banking System Inc. | 0.74% | 1,184,835 | $27.7M | Add +0.9% |
| DOC Healthpeak Properties Inc. | 0.73% | 1,555,654 | $27.2M | Add +1.7% |
| LDOS Leidos Holdings Inc. | 0.72% | 170,976 | $27.0M | Add +3.3% |
| UCB United Community Banks | 0.72% | 899,810 | $26.8M | Add +1.0% |
| VC Visteon Corp. | 0.71% | 285,193 | $26.6M | Add +1.1% |
| KBH KB Home | 0.71% | 499,844 | $26.5M | Add +1.5% |
| APLE Apple Hospitality REIT Inc. | 0.70% | 2,255,552 | $26.3M | Add +3.5% |
| OVV Ovintiv Inc. | 0.69% | 682,177 | $26.0M | Add +2.0% |
| BBT Beacon Financial Corp. filed as BERKSHIRE HILLS BANCORP INC | 0.69% | 1,029,829 | $25.8M | Add +3.4% |
| NOMD Nomad Foods Ltd. | 0.69% | 1,514,488 | $25.7M | Add +2.2% |
| LXP LXP Industrial Trust | 0.66% | 3,017,169 | $24.9M | Add +2.8% |
| ANGO Angiodynamics Inc. | 0.66% | 2,509,906 | $24.9M | Add +0.5% |
| VSH Vishay Intertechnology Inc. | 0.65% | 1,543,740 | $24.5M | Add +1.9% |
| POR Portland General Electric Co. | 0.65% | 597,681 | $24.3M | Add +2.9% |
| NX Quanex Building Products | 0.65% | 1,283,079 | $24.3M | Add +6.7% |
| RRX Regal Rexnord Corp. | 0.64% | 165,271 | $24.0M | Reduce -0.9% |
| ADC Agree Realty Corp. | 0.64% | 327,724 | $23.9M | Add +1.1% |
| HNI Hni Corp. | 0.62% | 473,577 | $23.3M | Add +0.1% |
| MKSI MKS Inc. | 0.62% | 233,181 | $23.2M | Add +4.9% |
| HSII Heidrick & Struggles Intl | 0.61% | 498,160 | $22.8M | Reduce -0.3% |
| COHR Coherent Corp. | 0.60% | 253,384 | $22.6M | Add +1.1% |
| SAIC Science Applications Inte | 0.59% | 196,012 | $22.1M | Reduce -3.0% |
| CHDN Churchill Downs Inc. | 0.58% | 215,940 | $21.8M | Add +19.4% |
| MTUS Metallus Inc. | 0.58% | 1,402,969 | $21.6M | Add +7.2% |
| FCBC First Community Bankshares | 0.57% | 543,724 | $21.3M | Add +0.9% |
| KALU Kaiser Aluminum Corp. | 0.56% | 262,554 | $21.0M | Add +0.6% |
| AMWD American Woodmark Corp. | 0.56% | 391,562 | $20.9M | Add +7.3% |
| VVX V2X Inc. | 0.55% | 426,582 | $20.7M | Add +6.6% |
| GEF Greif Inc. Class A | 0.54% | 312,534 | $20.3M | Add +0.9% |
| OLED Universal Display Corp. | 0.54% | 130,900 | $20.2M | Add +1.5% |
| HAYW Hayward Holdings Inc. | 0.54% | 1,464,488 | $20.2M | Add +1.4% |
| MCFT Mastercraft Boat Holdings Inc. | 0.54% | 1,080,729 | $20.1M | Add +0.2% |
| LZB La-Z-Boy Inc. | 0.53% | 536,492 | $19.9M | Reduce -0.2% |
| COHU Cohu Inc. | 0.53% | 1,028,766 | $19.8M | Add +9.5% |
| DK Delek US Holdings Inc. | 0.52% | 914,458 | $19.4M | Add +0.3% |
| NMRK Newmark Group Inc. Class A | 0.52% | 1,589,080 | $19.3M | Add +6.9% |
| SPB Spectrum Brands Holdings Inc. | 0.51% | 363,443 | $19.3M | Add +0.8% |
| HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I | 0.51% | 3,035,156 | $18.9M | Add +2.8% |
| EHAB Enhabit Inc. | 0.50% | 1,941,435 | $18.7M | Reduce -3.5% |
| KRG Kite Realty Group Trust | 0.49% | 804,019 | $18.2M | Add +1.4% |
| BNL Broadstone Net Lease Inc. | 0.48% | 1,116,136 | $17.9M | Add +3.1% |
| VLGEA Village Super Market Class A | 0.47% | 458,153 | $17.6M | Add +0.1% |
| CHCT Community Healthcare Trust I | 0.47% | 1,054,932 | $17.5M | Add +1.3% |
| ITRI Itron Inc. | 0.46% | 132,062 | $17.4M | Reduce -0.2% |
| UFCS United Fire Group Inc. | 0.46% | 603,747 | $17.3M | Add +3.5% |
| OCFC Oceanfirst Financial Corp. | 0.46% | 983,771 | $17.3M | Add +1.2% |
| MLR Miller Industries Inc. | 0.46% | 387,729 | $17.2M | Add +0.8% |
| ONTO Onto Innovation Inc. | 0.44% | 164,042 | $16.6M | Add +4.4% |
| GENC Gencor Industries Inc. | 0.44% | 1,178,610 | $16.5M | Reduce -0.6% |
| INMD Inmode Ltd. | 0.42% | 1,090,971 | $15.8M | Add +3.9% |
| UBSI United Bankshares Inc. | 0.42% | 429,092 | $15.6M | Add +1.3% |
| SFD Smithfield Foods Inc. | 0.41% | 653,717 | $15.4M | Add +377.3% |
| ESLT Elbit Systems Ltd. | 0.41% | 34,005 | $15.3M | Reduce -3.5% |
| SPHR Sphere Entertainment Co. | 0.39% | 351,290 | $14.7M | Add +8.4% |
| UHAL.B U-Haul Holding Co.-Non Voting | 0.39% | 268,501 | $14.6M | Add +1.6% |
Portfolio Sells Q1 2025 → Q2 2025
| SASR Sandy Spring Bancorp Inc. | Sold out | 0.00% | −0.89 |
| RDUS Radius Recycling Inc. Class A | Reduce -99.9% | 0.00% | −0.23 |
| AEO American Eagle Outfitters | Reduce -24.0% | 0.28% | −0.19 |
| KBR KBR Inc. | Reduce -4.2% | 0.93% | −0.15 |
| ICFI Icf International Inc. | Reduce -23.4% | 0.36% | −0.14 |
| CMCO Columbus McKinnon Corp. | Reduce -48.8% | 0.07% | −0.09 |
| LUCK Lucky Strike Entertainment C | Reduce -26.6% | 0.15% | −0.09 |
| MLI Mueller Industries Inc. | Reduce -1.0% | 2.01% | −0.07 |
| LZB La-Z-Boy Inc. | Reduce -0.2% | 0.53% | −0.07 |
| SAIC Science Applications Inte | Reduce -3.0% | 0.59% | −0.06 |
| SBRA Sabra Health Care REIT Inc. | Reduce -2.1% | 1.14% | −0.04 |
| PII Polaris Inc. | Reduce -4.6% | 0.21% | −0.03 |
| FCNCA First Citizens Bcshs Class A | Reduce -0.4% | 1.36% | −0.02 |
| CTRA Coterra Energy Inc. | Reduce -0.3% | 0.09% | −0.02 |
| FANG Diamondback Energy Inc. | Reduce -0.2% | 0.07% | −0.02 |
| CAG Conagra Brands Inc. | Reduce -34.6% | 0.01% | −0.01 |
| PNW Pinnacle West Capital | Reduce -0.3% | 0.11% | −0.01 |
| ETR Entergy Corp. | Reduce -30.9% | 0.02% | −0.01 |
| CHKP Check Point Software Tech | Reduce -0.3% | 0.13% | −0.01 |
| KVHI KVH Industries Inc. | Reduce -1.0% | 0.17% | −0.01 |
| RL Ralph Lauren Corp. | Reduce -22.7% | 0.10% | −0.01 |
| MAS Masco Corp. | Reduce -0.1% | 0.06% | −0.01 |
| HUM Humana Inc. | Reduce -0.5% | 0.03% | −0.00 |
| CMC Commercial Metals Co. | Reduce -0.2% | 0.74% | −0.00 |
| EHAB Enhabit Inc. | Reduce -3.5% | 0.50% | −0.00 |
| NNN NNN REIT Inc. | Reduce -0.2% | 0.07% | −0.00 |
| ALSN Allison Transmission Holding | Reduce -0.1% | 0.05% | −0.00 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.00 |
| DHI D.R. Horton Inc. | Reduce -0.2% | 0.04% | −0.00 |
| OUT Outfront Media Inc. | Reduce -0.2% | 0.03% | −0.00 |
| HSII Heidrick & Struggles Intl | Reduce -0.3% | 0.61% | −0.00 |
| DOX Amdocs Ltd. | Reduce -1.3% | 0.02% | −0.00 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -39.6% | 0.00% | −0.00 |
| MKL Markel Group Inc. | Reduce -0.5% | 0.11% | −0.00 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | 0.00 |
| QRVO Qorvo Inc. | Sold out | 0.00% | 0.00 |
| HST Host Hotels & Resorts Inc. | Reduce -0.2% | 0.08% | +0.00 |
| IPGP Ipg Photonics Corp. | Reduce -0.7% | 0.23% | +0.00 |
| RJF Raymond James Financial Inc. | Reduce -0.3% | 0.10% | +0.00 |
| LH Labcorp Holdings Inc. | Reduce -0.1% | 0.06% | +0.00 |
| FFIV F5 Inc. | Reduce -0.8% | 0.13% | +0.00 |
| CF CF Industries Holdings Inc. | Reduce -0.5% | 0.05% | +0.00 |
| MXL Maxlinear Inc. | Reduce -0.3% | 0.04% | +0.01 |
| GDEN Golden Entertainment Inc. | Reduce -0.5% | 0.28% | +0.01 |
| KLAC KLA Corp. | Reduce -0.3% | 0.07% | +0.01 |
| LHX L3HARRIS Technologies Inc. | Reduce -0.2% | 0.14% | +0.01 |
| CEG Constellation Energy | Reduce -13.9% | 0.07% | +0.02 |
| ESLT Elbit Systems Ltd. | Reduce -3.5% | 0.41% | +0.02 |
| CIEN Ciena Corp. | Reduce -0.3% | 0.12% | +0.02 |
| GENC Gencor Industries Inc. | Reduce -0.6% | 0.44% | +0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| AUB Atlantic Union Bankshares Co. | Add +189.1% | 1.31% | +0.83 |
| SIMO Silicon Motion Technol-ADR | Add +0.7% | 1.20% | +0.34 |
| SFD Smithfield Foods Inc. | Add +377.3% | 0.41% | +0.33 |
| CSR Centerspace | New | 0.20% | +0.20 |
| GVA Granite Construction Inc. | Add +0.5% | 1.41% | +0.20 |
| HWC Hancock Whitney Corp. | New | 0.16% | +0.16 |
| PRGS Progress Software Corp. | Add +0.1% | 1.10% | +0.15 |
| COHR Coherent Corp. | Add +1.1% | 0.60% | +0.14 |
| COHU Cohu Inc. | Add +9.5% | 0.53% | +0.13 |
| TPR Tapestry Inc. | Add +0.3% | 0.89% | +0.13 |
| ANF Abercrombie & Fitch Co. Class A | Add +17.0% | 0.79% | +0.13 |
| DK Delek US Holdings Inc. | Add +0.3% | 0.52% | +0.13 |
| MSGE Madison Square Garden Entert | Add +0.1% | 0.99% | +0.12 |
| TSEM Tower Semiconductor Ltd. | Add +0.6% | 0.90% | +0.12 |
| MKSI MKS Inc. | Add +4.9% | 0.62% | +0.11 |
| KALU Kaiser Aluminum Corp. | Add +0.6% | 0.56% | +0.11 |
| OMCL Omnicell Inc. | New | 0.09% | +0.09 |
| SPHR Sphere Entertainment Co. | Add +8.4% | 0.39% | +0.09 |
| VC Visteon Corp. | Add +1.1% | 0.71% | +0.09 |
| LDOS Leidos Holdings Inc. | Add +3.3% | 0.72% | +0.08 |
| MTUS Metallus Inc. | Add +7.2% | 0.58% | +0.08 |
| DOO BRP Inc./Ca- Sub Voting | Add +3.1% | 0.28% | +0.08 |
| PIPR Piper Sandler Cos | Add +0.3% | 1.44% | +0.07 |
| MSGS Madison Square Garden Sports | Add +8.2% | 0.76% | +0.06 |
| GEF Greif Inc. Class A | Add +0.9% | 0.54% | +0.06 |
| SUPN Supernus Pharmaceuticals Inc. | Add +47.5% | 0.21% | +0.05 |
| SF Stifel Financial Corp. | Add +1.3% | 1.16% | +0.05 |
| AYI Acuity Inc. | Add +15.7% | 0.26% | +0.05 |
| TRST Trustco Bank Corp. NY | Add +1.6% | 1.05% | +0.04 |
| LXU LSB Industries Inc. | Add +1.8% | 0.38% | +0.04 |
| PLOW Douglas Dynamics Inc. | Add +1.1% | 0.24% | +0.04 |
| OSK Oshkosh Corp. | Add +1.6% | 0.26% | +0.03 |
| PERI Perion Network Ltd. | Add +1.7% | 0.20% | +0.03 |
| NHC National Healthcare Corp. | Add +1.7% | 0.34% | +0.03 |
| BLMN Bloomin' Brands Inc. | Add +12.4% | 0.14% | +0.03 |
| OLED Universal Display Corp. | Add +1.5% | 0.54% | +0.03 |
| TTEK Tetra Tech Inc. | Add +1.5% | 0.17% | +0.03 |
| HNI Hni Corp. | Add +0.1% | 0.62% | +0.02 |
| NE Noble Corp. PLC | Add +0.8% | 0.38% | +0.02 |
| OSUR Orasure Technologies Inc. | Add +35.3% | 0.18% | +0.02 |
| MX Magnachip Semiconductor Corp. | Add +1.7% | 0.21% | +0.02 |
| SDRL Seadrill Limited | Add +7.2% | 0.36% | +0.02 |
| EVRG Evergy Inc. | New | 0.02% | +0.02 |
| ADEA Adeia Inc. | Add +1.4% | 0.87% | +0.01 |
| MRVI Maravai Lifesciences Hldgs-A | Add +8.8% | 0.11% | +0.01 |
| QDEL Quidelortho Corp. | Add +37.8% | 0.17% | +0.01 |
| NX Quanex Building Products | Add +6.7% | 0.65% | +0.01 |
| CHDN Churchill Downs Inc. | Add +19.4% | 0.58% | +0.01 |
| AIZ Assurant Inc. | Add +24.5% | 0.10% | +0.01 |
| TNK Teekay Tankers Ltd. Class A | Add +1.7% | 0.24% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 243 | $5.0B | SIMO, MLI, JAZZ, COHU, MKSI |
| Q1 2026 | 247 | $4.4B | TSEM, MGY, MLI, EME, JAZZ |
| Q4 2025 | 252 | $4.2B | MLI, EME, TSEM, NWE, JAZZ |
| Q3 2025 | 245 | $4.1B | EME, MLI, MGY, NWE, PIPR |
| Q2 2025 | 245 | $3.7B | EME, MLI, MGY, OSIS, NWE |
| Q1 2025 | 245 | $3.5B | MGY, MLI, NWE, EME, WBS |
| Q4 2024 | 250 | $3.9B | MLI, EME, MGY, FCNCA, PIPR |
| Q3 2024 | 335 | $3.9B | EME, MGY, MLI, FCNCA, NWE |
| Q2 2024 | 248 | $3.3B | FCNCA, MGY, EME, MLI, NWE |
| Q1 2024 | 250 | $3.6B | FCNCA, MGY, EME, FIX, MLI |